Meati Foods: Raises $50M in Series B Funding

Meati Foods Raises $50M in Series B Funding

• Meati Foods, a Boulder CO-based public benefit corporation producing alternative meats, raised $50M in Series B funding
• The round was led by Bond with participation from Acre Venture Partners, Prelude Ventures, Congruent Ventures, and Tao Capital
• The company intends to use the funds to accelerate efforts to scale production and launch products at a national scale and more than double the size of its team
• The company creates high-protein, high-fiber and nutrient-dense meats using mycelium as its single main ingredient
• The company creates high-protein, high-fiber and nutrient-dense meats using mycelium – the muscular root structure of fungi – as its single main ingredient
• The company has also added a cohort of investor-advisers, with members providing either new or upsized investments in this latest round